In 2020, the global craft beer market was worth over $ 95 trillion. Globally, the impact of COVID-19 was unprecedented. The market evidenced a decrease in demand across all regions due to the pandemic. The market is projected to grow at a CAGR exceeding 8% between 2022-2030.
The global white coffee market is growing significantly, expected to grow at a CAGR of 12.3% throughout the projected period from 2022 to 2030, starting from US$ 6-7 Bn in 2021. The global white coffee market volume is rising substantially, projected to expand with a CAGR of 7.9% during the forecast period from 2022 to 2030, starting from around 4,50, 000- 5,00,000 metric tons in 2021.
The global caffeine market was valued at US$ 263.6 Mn in the year 2021 and expected to reach US$ 398.4 Mn by year 2030, expanding at a CAGR of 4.7% during the forecast from 2022 to 2030. Caffeine is the most popular psychoactive drug that stimulates the Central Nervous System (CNS). It is naturally found in cocoa beans, tea leaves, kola nuts, and coffee beans. Some other sources of naturally occurring caffeine include guarana berries, yerba mate, yaupon holly, and guayusa.
The global relaxation drinks market is expected to grow at a CAGR of 14.06% during the estimated period from 2022 to 2030, starting from US$ 470.3 Mn in 2021. Relaxation drinks are drinks that contain a blend of various herbs and amino acids. The stressful modern lifestyles create the need for mood balancing foods and drinks across the world. Rooted stress and limited time available for rest are some of the major causes of the growth of the relaxation drinks market globally.
Demand for lemonade drinks has surged at a subsequent rate owing to the health benefits of lemon and consumer inclination towards better health and well-being. Lemonade being a natural source of vitamin C and other nutritional benefits has secured its place in the diet. Companies manufacturing lemonade drinks have introduced wide range of lemonade products in different variety to cater the growing demand for lemonade drinks.
Bio-alcohol market is expected to reach US$ 13498.8 Mn by 2026 with 6.6% CAGR during the forecast period from 2018 to 2026. Stringent regulations over automotive emissions along with demand for greener fuel, long-term energy security to supply energy in accordance with economic developments and environmental needs are some of the key aspects driving the market growth. Bio-alcohol are biologically produced alcohols such as produced by fermentation of cellulose, sugar and starches. Increasing use of biofuels has gained attention as an alternative to fossil fuels.
Coffee is considered as one of the largest traded commodity, produced mainly in Brazil, Indonesia and Guatemala etc. among other countries in the world. Coffee which scores more than 80 points on a 100-point scale is termed as "specialty." Specialty coffee shops are referred as outlets that sell premium specialty coffee along with other foods and beverages.
Tonic wines were initially introduced for the medicinal uses, thereby it got a name tonic wine. Herbs used in tonic wines are generally aromatic, made from rosemary, lavender, hyssop, sage, lemon balm, rose geranium, mint, thyme, and various spices generally used in kitchen such as ginger, nutmeg, cinnamon, and mace. Tonic wine is used to cure fever, mainly typhoid and pneumonia, by lowering down the body temperature. Tonic wine easily get assimilated due to which it is used for people who have low absorption capacity from food or those with lack of appetite for food.
Sparkling is a bubbly, non-alcoholic juice generally used as a celebratory beverage in place of champagne. Sparkling juice is a mixture of juice carbonates and distillate, it may contain artificial sweeteners or are unsweetened. Manufacturers are coming up with a new range of juices, such as a blend of vegetable juices and fruit juice, to fascinate more customers with high nutritional value and low calorie.
Cold brewing, also known as cold pressing or cold water extraction, is the technique of soaking coffee beans in water at mild or cool temperatures for a protracted period of time. Coarse ground coffee beans are soaked in water for a continued period of time generally more than 12 hours. The water is usually kept at room temperature, although chilled water is also used. Once the coarse grounds are soaked completely, they are separated from the water using a fine metal sieve, coffee filter paper felt or a French press. The outcome is a concentrated coffee liquid which is generally diluted with milk or water and is served with ice, blended with ice or other additives such as artificial flavors or chocolate.
Beverages Market Research Reports
Beverages Market is characterized by distributions. It displays a variety of items that can be broadly divided into categories like milk shakes, vegetable juices, fruit juices, energy drinks, bottled water, health drinks, coffee, tea, beverages, syrups, beverage powders, sparkling drinks and sports drinks along with alcoholic drinks.
It is predicted that the global beverages market will observe a growth and expansion of less than two percentage by the end of year 2015. Continuous growth in this sector is witnessed in the developing economies and it is expected that more industry players will make business investments and grow their business in these regions.
The beverages sector could observe a high rate of growth in near future due to rise in operational proficiency. Today, many of the leading players of the beverages industry are in continuous search of beverage producing procedures which are speedy and cost effective.
Inside the beverages sector, solitary products generally get affected by shift in the demand patterns of consumer. For example there was an instance during the global recession in year 2008 when the coffee industry witnessed a greatest slump in its demand and then it recovered after the recession period got over.
Today, there is a rising demand for green tea and organic tea as well as its products. Also health beverages are getting immensely popular as customers are reducing consumption of sugar and increasing the consumption of fresh constituents and dietary supplements that provide them with great health benefits, solves their health issues and regulates their health.
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